What are some of the legal issues in declaring bankruptcy?

Business & Finance
Tutor: None Selected Time limit: 1 Day

It's like opening Pandora's Box.  The rules vary by location (country-to-country...even within a single country the rules can vary by jurisdiction), but in the US, the majority of your assets are subject to seizure, you won't be able to get a loan or a credit card for at least 7 years and you will also find it difficult to gain employment in many professions (for instance, financial services...legally speaking, someone with a bankruptcy on their record is too much of a liability for a financial services firm to hire them).

Jul 4th, 2014

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Jul 4th, 2014
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Jul 4th, 2014
Dec 6th, 2016
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